topic State credit for Virginia 529 Invest plan investment in Education

State credit for Virginia 529 Invest plan investment

wkga05 — Thu, 01 Apr 2021 22:35:19 GMT

In doing my state tax for Virginia, I cannot find a way to get credit for the InVest 529 investments we made during 2020. I cannot find anywhere to take the credit??? Thanks.

Re: State credit for Virginia 529 Invest plan investment

DavidD66 — Thu, 01 Apr 2021 23:16:40 GMT

As you go through the Virginia State tax return in TurboTax, you will come to page titled "Here's the income that Virginia handles differently". Scroll down to to Education where you will see:

Virginia College Savings Prepaid Tuition (Section 529) Plan

Click on Start next to that, and TurboTax will guide you through entering your 529 Plan contributions.

Re: State credit for Virginia 529 Invest plan investment

wkga05 — Wed, 07 Apr 2021 19:21:24 GMT

Thank you for the quick response. I was able to input our 529 investment. That was the last thing I needed so I can now file them👍.